Bunzl to buy Nisbets ?

Distribution giant Bunzl is eyeing up a £450m deal to buy Nisbets in what would be one of the most remarkable catering equipment supply mergers the UK industry has ever seen, If any sort of agreement does materialise it would make Nisbets a bedfellow with one of its longest-running and arguably closest rivals, Lockhart Catering Equipment, which is owned by Bunzl.